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Author Topic: How possible is it to fish out scam ICOs?  (Read 9520 times)

Offline masudginanjar

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Re: How possible is it to fish out scam ICOs?
« Reply #30 on: July 24, 2019, 11:54:51 AM »
It does not make sense for those who created the SCAM project, but indeed the proof is that they did something like that in the world of cryptocurrency.
I also say they (the scamers) will keep laughing to see the money collected then stolen easily by them. Bad!

It is also very difficult to avoid that because I also sometimes get caught up in projects that end in SCAM!
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Re: How possible is it to fish out scam ICOs?
« Reply #30 on: July 24, 2019, 11:54:51 AM »

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Offline moonuranus

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Re: How possible is it to fish out scam ICOs?
« Reply #31 on: July 24, 2019, 01:48:18 PM »
Scam ICO's can be easily spotted by just having an investigation about it's project team, feasibility of their goal, etc. but we just intend to see past through it because of laziness. I always suggest to DYOR before diving into an unknown project to be safer than most of the time.

Offline masterrex

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Re: How possible is it to fish out scam ICOs?
« Reply #32 on: July 24, 2019, 02:00:32 PM »
Scam can be avoided by doing some researched about the project before joining in any ICO, if you sense that the ICO was shady then dont join that campaign thats simple. Bounty is not paid if the ICO was failed to raise its softcap sometimes good and promising project was not able to raise the needed funding so it was scrap.

Offline debra

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Re: How possible is it to fish out scam ICOs?
« Reply #33 on: July 24, 2019, 11:54:27 PM »
We need to improve our knowledge and information about current ways of scammers to trap people. They sometimes do the actions with different ways,  so this needs to know how they scam people currently.  The common way is by analyzing the data of the ICO's team and google to know the truth. 
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Offline kent47400

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Re: How possible is it to fish out scam ICOs?
« Reply #34 on: July 25, 2019, 12:10:58 PM »
It is easy to create ICO coins and now in trend for the IEO. This is for my experiencce at IEO at small exchange .
The IEO is an Initial Exchange Offering, with the situation progressing, scammers can easily adapt and many IEOs are now SCAMs, such as IDAX and CoinEal.
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